• Latest
  • Trending
Logistics Industry Eyes Optimistic 2025 Amid Challenges

Freight Industry Layoffs Hit Over 900 Workers Across the US

December 25, 2024
“We’ve Reached Our Limit”: DHL Canada Freezes Imports Amid Widening Labor Standoff

“We’ve Reached Our Limit”: DHL Canada Freezes Imports Amid Widening Labor Standoff

June 18, 2025
Embraer’s Feeder Freighter Plan Signals a New Era for Regional Air Cargo

Embraer’s Feeder Freighter Plan Signals a New Era for Regional Air Cargo

June 19, 2025
ADVERTISEMENT
Heavy Cargo Gains Visibility as Transport Logistic Southeast Asia Unveils Dedicated Zone for Oversized Freight

Heavy Cargo Gains Visibility as Transport Logistic Southeast Asia Unveils Dedicated Zone for Oversized Freight

June 19, 2025
In Rotterdam, Shipping Waste Finds New Life as Circular Economy Gains Steam

In Rotterdam, Shipping Waste Finds New Life as Circular Economy Gains Steam

June 19, 2025
Congestion at Northern Europe’s Ports Escalates as Delays Ripple Through Supply Chains

Congestion at Northern Europe’s Ports Escalates as Delays Ripple Through Supply Chains

June 19, 2025
Aramex and SMSA Join Forces in Bold Move to Reshape Gulf Logistics

Aramex and SMSA Join Forces in Bold Move to Reshape Gulf Logistics

June 19, 2025
In Vietnam, Logistics Innovation Grows from the Ground Up: ITL Launches Smart Tech Platform

In Vietnam, Logistics Innovation Grows from the Ground Up: ITL Launches Smart Tech Platform

June 19, 2025
Türkiye Reinforces Role as Eurasian Freight Bridge with Expanded Rail-Cargo Service to China

Türkiye Reinforces Role as Eurasian Freight Bridge with Expanded Rail-Cargo Service to China

June 19, 2025
A Silent Revolution at Manila Port: First Electric Yard Trucks Hit the Ground

A Silent Revolution at Manila Port: First Electric Yard Trucks Hit the Ground

June 19, 2025
On the Road to Controversy: New San Juanico Policy Sparks Tensions Among Truckers

On the Road to Controversy: New San Juanico Policy Sparks Tensions Among Truckers

June 19, 2025
At Clark Airport, a Different Kind of Takeoff Begins

At Clark Airport, a Different Kind of Takeoff Begins

June 19, 2025
JP Morgan and Graftongate Invest £500M to Reinvent Last-Mile Logistics in Reading

JP Morgan and Graftongate Invest £500M to Reinvent Last-Mile Logistics in Reading

June 12, 2025
  • Home
  • About Us
  • Press Room
  • Podcasts
  • Media Kit
  • Contact Us
  • Careers
Friday, June 20, 2025
  • Login
  • Register
The Logistic News
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise
No Result
View All Result
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise
No Result
View All Result
The Logistic News
No Result
View All Result
Home Land

Freight Industry Layoffs Hit Over 900 Workers Across the US

Freight Industry Layoffs Hit Over 900 Workers Across the US

The Logistic News by The Logistic News
December 25, 2024
in Land
Reading Time: 1 min read
0
Logistics Industry Eyes Optimistic 2025 Amid Challenges
ADVERTISEMENT

The U.S. freight industry is facing significant challenges, with more than 900 workers laid off in recent months as companies grapple with a sharp market downturn. These layoffs, coupled with facility closures, highlight the ongoing struggle to balance capacity with declining demand.


Industry-Wide Impact

Key developments include:

  • Freightliner Cuts: Daimler Trucks North America will lay off 900 workers in North Carolina, citing reduced orders for Class 8 trucks.
  • Volvo Trucks Reductions: Volvo Trucks North America plans to cut 700 jobs early next year as part of a broader production slowdown.
  • Logistics Firm Shutdowns: Several logistics companies have announced workforce reductions and closures, attributing the changes to overcapacity and weak market conditions.

Market Challenges

The freight sector is enduring a severe recession driven by:

  • Overcapacity in the market.
  • Declining demand for freight services.
  • Broader economic uncertainties.

Looking Ahead

As the freight market struggles to recover, companies are reassessing strategies to navigate this downturn. While layoffs are a short-term response, the focus will likely shift toward long-term resilience and operational efficiency.

Stay updated with The Logistic News for insights into the freight industry’s evolving landscape.

ADVERTISEMENT
Previous Post

Healthcare Cold Chain Logistics Market Poised for Growth

Next Post

GXO Logistics Hits 52-Week Low: What’s Next for Investors?

Next Post
GXO Logistics: Stock Declines, But Growth Prospects Remain Strong

GXO Logistics Hits 52-Week Low: What’s Next for Investors?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

A D V E R T I S E M E N T

Popular News

  • Drone Delivery Takes Flight: Amazon Partners with UPS for Trial Program

    Drone Delivery Takes Flight: Amazon Partners with UPS for Trial Program

    0 shares
    Share 0 Tweet 0
  • Rail Cargo Group Strengthens European Network with Captrain Netherlands Acquisition

    0 shares
    Share 0 Tweet 0
  • Automotive Inbound Logistics Market: Navigating Future Challenges

    0 shares
    Share 0 Tweet 0
  • Global Inflation Cools to Target After Three Years, Central Banks Face Policy Dilemma

    0 shares
    Share 0 Tweet 0
  • Dubai Mercantile Exchange Rebrands as Gulf Mercantile Exchange Following Saudi Tadawul Group Acquisition

    0 shares
    Share 0 Tweet 0

Recent News

“We’ve Reached Our Limit”: DHL Canada Freezes Imports Amid Widening Labor Standoff

“We’ve Reached Our Limit”: DHL Canada Freezes Imports Amid Widening Labor Standoff

June 18, 2025
Embraer’s Feeder Freighter Plan Signals a New Era for Regional Air Cargo

Embraer’s Feeder Freighter Plan Signals a New Era for Regional Air Cargo

June 19, 2025
Heavy Cargo Gains Visibility as Transport Logistic Southeast Asia Unveils Dedicated Zone for Oversized Freight

Heavy Cargo Gains Visibility as Transport Logistic Southeast Asia Unveils Dedicated Zone for Oversized Freight

June 19, 2025

Discover a new era of logistics reporting with The Logistic News, your go-to platform for breaking news, insightful features, and exclusive interviews shaping the global logistics and freight landscape. Trust us to deliver accurate, timely, and relevant information that empowers professionals and enthusiasts alike in navigating the intricacies of this vital sector.

Navigation

  • Home
  • About Us
  • Press Room
  • Podcasts
  • Media Kit
  • Contact Us
  • Careers
  • Privacy Policy
  • Terms of Use

© 2024 - thelogisticnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

SIgn Up Newsletter

This will close in 20 seconds

Manage Cookie Consent
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise

© 2024 - thelogisticnews.com